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EQR Advances Tungsten Expansion with Ongoing Ferrotungsten Producer Talks

9:04am on Friday 14th of February, 2025 AEDT Mining
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EQR Advances Tungsten Expansion with Ongoing Ferrotungsten Producer Talks

9:04am on Friday 14th of February, 2025 AEDT
Key Points
  • EQR completed detailed due diligence on Tungsten Metals Group acquisition
  • Exclusivity period expired without signing definitive agreements
  • Discussions between EQR and TMG continue
  • Acquisition would provide vertical integration and product diversification
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